Illinois General Assembly - Bill Status for SB1531

Amends the Real Estate License Act of 2000. Abolishes the Real Estate Education Advisory Council. Transfers functions of the Council to the Real Estate Administration and Disciplinary Board or the Department of Financial and Professional Regulation. Allows the Department to make continuing education requirements for licensed leasing agents without the advice of the Advisory Council and Board. Makes changes to the membership and terms of the Board. Allows the Secretary of the Department of Financial and Professional Regulation to establish temporary or permanent committees of the Board. Effective immediately.

Replaces everything after the enacting clause. Amends the Real Estate Appraiser Licensing Act of 2002. Increases the number of appointed members to the Real Estate Appraisal Administration and Disciplinary Board who shall have been actively engaged and currently licensed as State certified residential real estate appraisers for a period of not less than 5 years from 2 to 4 and that 2 of those members (rather than an additional 2 members) shall hold licenses as real estate brokers or managing brokers for at least 5 (rather than 10) years and removes other requirements. Provides that no member shall be reappointed to the Board for a term that would cause his or her cumulative service to exceed 10 years. Makes other changes. Effective immediately.

Replaces everything after the enacting clause. Amends the Public Utilities Act. Requires alternative retail electric suppliers and alternative gas suppliers to make certain rate information available to residential customers on their websites and to provide residential customers notices of changes in price or other charges. Makes changes concerning the contents marketing materials of the alternative retail electric suppliers and alternative gas suppliers. Prohibits alternative retail electric suppliers and alternative gas suppliers from switching a customer who receives certain financial assistance to an alternative gas supplier unless the customer is switched to a savings guarantee plan approved by the Commission. Makes conforming changes in the Consumer Fraud and Deceptive Business Practices Act. Makes other changes. Effective immediately.

In provisions amending the Public Utilities Act, provides that an alternative retail electric supplier or alternative gas supplier shall not submit or execute a change in a customer's electric or gas supply service under specified circumstances. Provides that before an alternative retail electric supplier or alternative gas supplier submits or executes a change in a customer's supply service, it shall confirm whether the customer is eligible to receive or has received certain financial assistance for utility service and confirm with the utility certain records regarding the customer, and provides that an agreement entered into in violation of such requirements is void and unenforceable. Makes conforming changes in the Consumer Fraud and Deceptive Business Practices Act. Provides that no customer who has received certain financial assistance shall be switched to an alternative retail electric supplier or alternative gas supplier unless the customer is switched to an Illinois Commerce Commission-approved savings guarantee plan (rather than applying the prohibition 90 days after the effective date of the amendatory Act). Makes changes to the disclosures required by an alternative retail electric supplier, electric utility, alternative gas supplier, and gas utility. In provisions amending the Consumer Fraud and Deceptive Business Practices Act concerning electric service providers, provides that an alternative retail electric supplier (rather than an electric service provider) shall not submit or execute a change in a subscriber's selection of a provider of electric service until certain requirements are met. Provides that a subscriber may file a complaint with the Commission if electric service has been provided by an alternative retail electric supplier (rather than an electric service supplier) in a manner not in compliance with the provisions. Removes language concerning prohibiting an electric supplier or gas supplier from automatically renewing or changing the terms of a contract with a residential customer. Makes other changes. Effective January 1, 2019 (rather than effective immediately).

Modifies provisions concerning alternative retail electric suppliers and alternative gas suppliers regarding requirements for changes to a customer's supplier (rather than supply service). Provides that an alternative retail electric supplier or alternative gas supplier shall not submit or execute the change in a customer's supplier if the confirmation concerning the customer's eligibility or history of receiving certain financial assistance discloses that the utility's records indicate that the customer has received the certain financial assistance.

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